Bakkt (BKKT) Asset Utilization Ratio (2022 - 2026)
Bakkt (BKKT) posted quarterly Asset Utilization Ratio of 5.96 for Q1 2026, down 74.95% year-over-year from 23.78 in Q1 2025, and down 35.45% quarter-over-quarter from 9.23 in Q4 2025.
Bakkt (BKKT) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Bakkt's Asset Utilization Ratio history runs 5 years deep, the most recent figure standing at 5.96 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 74.95% year-over-year to 5.96; the TTM figure through Mar 2026 stood at 5.96 (down 74.95% YoY), while the FY2025 annual figure was 10.81, down 16.04% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 5.96, down from 9.23 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 29.3 in Q2 2025, with the low at 0.02 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 1.31 (2023), against an average of 6.18.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio soared 2897.73% in 2023, then tumbled 74.95% in 2026.
- Bakkt's Asset Utilization Ratio stood at 0.08 in 2022, then surged by 1466.08% to 1.31 in 2023, then soared by 436.14% to 7.01 in 2024, then jumped by 31.65% to 9.23 in 2025, then slumped by 35.45% to 5.96 in 2026.
- Business Quant data shows BKKT's Asset Utilization Ratio at 5.96 in Q1 2026, 9.23 in Q4 2025, and 22.54 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,572.01 Bn | 3,439.26 Bn | 60.48 Bn | 0.46 |
| 2 | Palantir Technologies | 417.52 Bn | 408.11 Bn | 1.64 Bn | 0.56 |
| 3 | Oracle | 404.72 Bn | 372.82 Bn | - | 0.27 |
| 4 | Palo Alto Networks | 279.48 Bn | 276.37 Bn | 2.03 Bn | 0.30 |
| 5 | CrowdStrike Holdings | 192.90 Bn | 188.34 Bn | 1.04 Bn | 0.46 |
| 6 | Fortinet | 110.46 Bn | 106.39 Bn | 1.64 Bn | 0.73 |
| 7 | Cloudflare | 98.68 Bn | 94.52 Bn | 499.52 Mn | 0.40 |
| 8 | Synopsys | 75.30 Bn | 73.02 Bn | 1.77 Bn | 0.17 |
| 9 | CoreWeave | 49.50 Bn | 43.96 Bn | 1.70 Bn | 0.11 |
| 10 | Bakkt | 307.24 Mn | 256.55 Mn | 2.21 Mn | 3.61 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.61 |
| Mar 31, 2026 | 5.96 |
| Dec 31, 2025 | 9.23 |
| Sep 30, 2025 | 22.54 |
| Jun 30, 2025 | 29.30 |
| Mar 31, 2025 | 23.78 |
| Dec 31, 2024 | 7.01 |
| Sep 30, 2024 | 1.52 |
| Jun 30, 2024 | 1.23 |
| Mar 31, 2024 | 1.70 |
| Dec 31, 2023 | 1.31 |
| Sep 30, 2023 | 0.62 |
| Jun 30, 2023 | 0.54 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |